betxchange

BetXchange South Africa Review (2023)

Betxchange is a well-established South African bookmaker with offices in both Johannesburg and Cape Town. The site has been operating since 1997 and has built an outstanding reputation for providing the highest quality betting services for their customers. 

It offers customers a wide range of local and international sports betting markets from all around the world. In addition to this, they offer live betting and an extensive “Sports Center” that includes detailed statistics on all major sporting events taking place anywhere around the world.

Sports available

With Betxchange, you can bet on a wide array of South African and international sports. Initially, the platform was specifically for horse racing, but it currently has numerous sporting activities, including football, handball, golf, rugby, cricket, tennis, and lots of other events.

Betting markets

The platform has decent markets in each sports category. However, football has the most diverse collection with options such as goalscorer, 1X2, odd/even goals, half-time results, correct score, 3-way handicap, both teams to score, full-time results, and other selections.

Betting margins

BetXchange has generous and competitive odds, and it claims to have a maximum payout of R3 million. Besides, the betting margins are also reasonable, but they fluctuate across different tournaments and leagues. 

For instance, soccer has a margin of about 3.1% in most competitions. The margins are higher on major international sports and leagues like the English Premier League and rugby sevens.

Promotions

Betxchange offers several promotion schemes for new and existing members. The first promotion is the Superbru promo which rewards three winners with cash prizes. For players to participate, they need to join any existing pools and bet on different matches with odds over 9/10 for 200 Rand. 

The first, second, and third winners get 60%, 30%, and 10% of the payout, respectively. If you are a fantasy football enthusiast, you can take advantage of the Weekly Voucher Giveaway and win big. To qualify, you need to beat the FPL Panelist team at the end of the season to win R500.

Unique markets

Entertainment is the only “unique” category on Betxchange. The tab contains numerous markets related to politics and the music industry. The site allows you to wager on various political events, such as UK General Election. You may also bet on numerous awards like the BBC Sports Personality.

Virtual sports

The platform does not have any computer-generated simulations of sports events. However, you can engage in fantasy football by creating a virtual team on Betxchange to compete with other punters. The virtual event has a high payout, and you can win as high as R500 at the end of the league.

In-Play Betting

Betxchange offers in-play betting for most sports. You can find live betting under the “live In-Play” tab on the website. The great thing about the platform is that it offers plenty of markets for all major sports and leagues. Therefore, there are multiple ways you can place a wager on your favorite team or athlete. 

The unlimited betting possibilities mean that if you’re looking for an online bookie with a wide selection of both pre-match betting markets and in-play options, Betxchange should be your first stop.

The “lotto” section

A lottery is a game of chance that allows you to play and win without paying a lot. Lotteries are very popular in South Africa, and punters all over the planet play them. In most lotto games, you have to pick a digit and then wait for the results at the end of the draw. The number must be correct to win the specified prize money.

The lotto section on the site features rooms with over a dozen selections, including Daily Lotto, Arizona the Pick, Aruba Mini Mega, Canada Loto, and Czech  Draw 1. You can play lotto with either R5 or R10 per ticket since your stake depends on how much risk you want to take. If you are the lucky winner, you can walk away with a massive payout worth thousands of Rands.

Mobile Betting

Betxchange does not have a Mobile App for Android or iOS devices. However, the site is mobile-friendly, and you can use any internet-enabled hand-held device to register on the platform, bet, withdraw and deposit funds. Besides, the mobile version of the site provides additional features such as live chat support and match stat.

How to join BetXchange

• Step 1: Launch any up-to-date browser.
• Step 2: Go to the search engine and find https://www.betxchange.com/#/.
• Step 3: Hit the yellow “Register” button on the top-right side of the homepage.
• Step 4: Enter your personal details such as your phone, physical address, ID number, names, email, and date of birth.
• Step 5: Fill out your profile details.
• Step 6: Verify your email.

How to deposit money

BetXchange allows you to fund your account even if it is not yet verified. The platform supports numerous deposit options, including vouchers, Credit Card, Bank Transfers, and I-Pay. If you are a new punter, follow these steps to add funds to your account.

1. Log in to your BetXchange profile.
2. Go to the “deposit” tab.
3. Select your preferred method.
4. Follow the on-screen instructions to authorize the payment. Do not forget to specify your BеtXсhаngе ID.
5. Wait for the cash to reflect on your profile. Processing time varies with the method, but it can take up to two days.

How to verify your account

Uploading FICA documents on the site

1. Scan your passport and a recent utility bill or bank statement (not older than three months)
2. Log in to your BetXchange account.
3. Go to the “FICA documents” section and upload the necessary files.
4. Wait for verification.

Sending the documents via email/fax

1. Scan your FICA documents.
2. Email the documents to fica@betxchange.co.za. If you prefer to fax, you can send them to 086 415 5634.
3. Wait for BetXchange agents to verify the documents.

How to withdraw money

SA laws require all sportsbooks to verify players’ accounts to help prevent money laundering and fraudulent activities. Therefore, ensure that your account is active and verified before carrying out any transactions. If you meet the requirements, follow these steps to withdraw your winnings:

1. Sign in on BetXchange.
2. Go to the “Account” tab and hit “Withdraw.”
3. Select your favourite withdrawal option.
4. Enter your banking info.
5. Enter your withdrawal amount.
6. Confirm your details and proceed to authorize the payment.
7. Follow the on-screen instructions to get your cash.